NanoMarkets, LC Releases New White Paper on Nanotechnology Trends

Jul 27, 2004

NanoMarkets, LC, a leading nanotechnology industry market research and analysis firm, today announced the release of a new white paper titled, "Why Nano Now?" The paper pinpoints key trends within energy, pervasive computing and healthcare that are creating an opportunity for nanotech-based solutions. The paper goes on to discuss how and why nanotechnology is uniquely positioned to provide solutions to real world problems. The paper can be accessed from the firm's website at http://www.nanomarkets.net/.

Synopsis:

According to NanoMarkets, an analysis of key trends in several major industries points to a growing market for several specific types of "nano products." This analysis suggests that in some areas it is unlikely that anything less than a nanotech-based solution will do.

In the case of today's mobile communications -- and by extension, future pervasive computing environments -- radical new materials technologies are necessary to support the next evolution in computing. Moore's Law has already pushed conventional CMOS technology to its limits, and nanotech seems to be the only solution available to provide low-cost, non-volatile memory solutions, as well as high-definition, low-power-consumption microdisplays.

With respect to energy, as national economic and political interests are impacted by rising costs, nanotech promises to bring about new levels of efficiency for fossil fuel sources through nanoscale catalysts and filters. Nanotechnology also holds out the prospects of making fuel cells and photovoltaics more cost effective alternatives to fossil fuel energy.

At a time when expenditures on healthcare are escalating and the baby boomers will soon be entering their sixties, nanotechnology offers major improvements not only through the pharmaceutical industry developing new drugs but also in the creation of more efficient drug delivery systems, new diagnostic tools, and prosthetics.

One other point that the paper makes is that while semiconductors grew to become a huge industry, it was their evolutionary process that also created or drove the growth of related multibillion dollar industries as well companies such as Microsoft, Intel and Cisco. Nanotechnology itself may never become a huge industry in the classical sense but it could very well have an impact on the commercial world much like that of the semiconductor industry.

Source: NanoMarkets, LC

Explore further: Researchers uncover properties in nanocomposite oxide ceramics for reactor fuel

add to favorites email to friend print save as pdf

Related Stories

Doped graphene nanoribbons with potential

Sep 08, 2014

Graphene is a semiconductor when prepared as an ultra-narrow ribbon – although the material is actually a conductive material. Researchers from Empa and the Max Planck Institute for Polymer Research have ...

LEDs made from 'wonder material' perovskite

Aug 05, 2014

(Phys.org) —Colourful LEDs made from a material known as perovskite could lead to LED displays which are both cheaper and easier to manufacture in future.

Recommended for you

Scientists grow a new challenger to graphene

15 hours ago

A team of researchers from the University of Southampton's Optoelectronics Research Centre (ORC) has developed a new way to fabricate a potential challenger to graphene.

Nanotubes help healing hearts keep the beat

15 hours ago

(Phys.org) —Carbon nanotubes serve as bridges that allow electrical signals to pass unhindered through new pediatric heart-defect patches invented at Rice University and Texas Children's Hospital.

User comments : 0